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Practitioners and licensing executives often refer to three basic types of voluntary licenses: non-exclusive, sole, and exclusive. A non-exclusive licence allows the licensor to retain the right to use the licensed property and the right to grant additional licenses to third parties.
Examples of common licensing agreements include: A sports team allowing another company to produce t-shirts with the team's logo. A movie company that allows another company to create a toy based on a character the movie company owns.
TL;DR: Licensed content, sometimes called syndicated content, is content produced by a professional publisher that can be legally licensed for use on your own website. Licensed content can be acquired through a 1-to-1 agreement with a publisher or from a content library like Matcha's.
An exclusive rights contract for beats is an agreement between the composer/producer(s) and the artist/label, where the producer of the instrumental beat gives the artist the exclusive right to use the beat in unlimited recordings and without distribution limits.
Producers are typically paid "record one" royalties. They're paid for every album sold, unlike artists who only receive royalties after recording costs have been recouped. Most producer contracts specify "retroactive to record one" clauses to make that clearer.
In terms of beat licensing, a non-exclusive agreement authorises an artist to create such a 'new version', using the producers copyrighted material. The only person that is able to authorize a derivative work is the owner of the underlying composition itself. In this case, the producer.
Exclusive Pricing $200-$10,000+ It's not unusual to be able to purchase the exclusive rights to a beat from a new or unknown producer for as little as a couple hundred dollars. The higher up the producer food chain you go, however, the more money you're likely going to have to shell out to secure the exclusive.
A content license agreement is a legal contract between an author (licensor) and another party (licensee) that is put in place when someone wants to license intellectual property (IP) rights.
A licensing agreement is a legal contract between two parties, known as the licensor and the licensee. In a typical licensing agreement, the licensor grants the licensee the right to produce and sell goods, apply a brand name or trademark, or use patented technology owned by the licensor.
With exclusive agreements, mechanical royalties are not as straightforward. Producers will often request a percentage of the mechanical royalties from the music, which will be incorporated into the licensing agreement. The rate will depend on the producer, but it's usually in the region of 1 to 10%.